James Wynn predicts again: Bitcoin should rebound at least 10%

Renowned "bankruptcy whale" James Wynn made another "extreme prediction" this morning, stating that "Bitcoin could double in 60 days, reaching around $175,000, as funds may shift from stocks, real estate, and precious metals (all at historical highs) to BTC, after BTC dropped 35% from $120,000."

However, he later moderated his prediction, stating that Bitcoin "will at least retest the 50-week moving average, which means an increase of over 10%."

Previously, on the 23rd, renowned "bankruptcy whale" James Wynn once again leveraged 40 times long on BTC.